IRCTC Share Price Target 2024 , 2025, 2027, 2030 to 2050

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Indian Railway Catering and Tourism Corporation (IRCTC) is a public sector undertaking (PSU) that provides ticketing, catering, and tourism services for the Indian Railways. It is the only entity that is authorized to provide online ticketing for Indian Railways.

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IRCTC’s business overview can be divided into three main segments:

Ticketing: IRCTC is the largest online ticketing platform in India, and it handles over 1.2 billion tickets every year. It also provides a variety of other ticketing services, such as Tatkal tickets, e-catering, and Rail Neer (packaged drinking water).
Catering: IRCTC provides catering services to passengers on Indian Railways. It operates over 1,000 catering units, including pantry cars, restaurants, and food stalls.
Tourism: IRCTC offers a variety of tourism packages, including domestic and international tours, holiday packages, and special interest tours. It also operates a number of hotels and resorts.

IRCTC is a profitable company, and it has been consistently growing in recent years. The company is well-positioned to continue to grow in the coming years, as the Indian economy grows and the demand for travel and tourism increases.

Here are some of the key factors that are driving the growth of IRCTC’s business:

Increasing passenger traffic on Indian Railways: The Indian Railways is the largest railway network in Asia, and it is the second largest in the world. The passenger traffic on Indian Railways is growing steadily, and this is providing a boost to IRCTC’s ticketing business.
Expansion of non-ticketing businesses: IRCTC is expanding its non-ticketing businesses, such as catering and tourism. This is helping the company to diversify its revenue streams and reduce its dependence on the ticketing business.
Government support: The government of India is supportive of IRCTC, and it has provided the company with a number of concessions and incentives. This is helping the company to grow and expand its operations.